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  1. #31
    Coaching Staff Ozyhibby's Avatar
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    Quote Originally Posted by Viva_Palmeiras View Post
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    What goes up must come down. The revenue and returns just aren’t there.
    Could it be that we see clubs that swam against the tide and focused on sustainability (Hibs, Celtic) come out better in the longer term than their rivals who charted a different course?
    Hibs pretty poor commercial income previously might help lessen the blow.
    Wonder if our investment in the stadium will go ahead? With less commercial income on the horizon it may be we cancel or it could go the other way and it helps us compete harder for the commercial income that is out there. And there is also the fact that it will also probably be available at a knock down price just now as firms struggle to get back going again.


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  3. #32
    Coaching Staff jgl07's Avatar
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    Quote Originally Posted by where'stheslope View Post
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    Heard on BBC sport on Breakfast tv, that the government would lose £millions in tax if clubs reduced their players monies!
    Football clubs are just not getting it, if we are to continue to save lives and football has no money coming in, paying full wages to stars who are on lockdown will eventually cripple most clubs!!!
    Can anyone explain to me what benefit would come to the NHS, the Government, or Society at large from Premiership players accepting a pay cut?

  4. #33
    Quote Originally Posted by jgl07 View Post
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    Can anyone explain to me what benefit would come to the NHS, the Government, or Society at large from Premiership players accepting a pay cut?
    You would hope that if clubs are saving millions they would not furlough office, admin, grounds staff and u21 players etc

  5. #34
    Quote Originally Posted by jgl07 View Post
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    Can anyone explain to me what benefit would come to the NHS, the Government, or Society at large from Premiership players accepting a pay cut?
    I think the argument is big clubs are placing non playing staff on furlough and asking the government to pick up the slack by paying 80% of their wages whilst continuing to pay their first team players hundreds of thousands of pounds a week. It's not against the rules of the scheme but I'm not sure it's in the spirit of it. It's also about safeguarding future jobs, continuing to pay out crazy money with limited commercial income coming in is unsustainable in the medium to long term.

    There are exceptions of course. I believe Man City have said they will continue to pay all non playing staff in full for the duration.

  6. #35
    @hibs.net private member Jim44's Avatar
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    The problem is that this government initiative will last only for three months. A friend of my daughter who has a fairly big company which is using the furlough scheme told her that, due to financial restraints, there was no way it might be extended beyond June. There’s nothing to suggest that we might be in a better situation virus-wise by then.

  7. #36
    @hibs.net private member tamig's Avatar
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    Quote Originally Posted by Jim44 View Post
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    The problem is that this government initiative will last only for three months. A friend of my daughter who has a fairly big company which is using the furlough scheme told her that, due to financial restraints, there was no way it might be extended beyond June. There’s nothing to suggest that we might be in a better situation virus-wise by then.
    Yet the official pages state for a three month period - initially. It also stresses there is no limit on how much the govt can provide to individual companies other than the individual employee monthly cap. That doesn’t sound to me like the tap will be turned off after the three months. Depending on the situation at that time obviously.

  8. #37
    @hibs.net private member Viva_Palmeiras's Avatar
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    Quote Originally Posted by jgl07 View Post
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    Can anyone explain to me what benefit would come to the NHS, the Government, or Society at large from Premiership players accepting a pay cut?
    Yes it’s just one of this “Let them eat cake” moments isn’t it - pass the Port...

  9. #38
    Quote Originally Posted by jgl07 View Post
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    Can anyone explain to me what benefit would come to the NHS, the Government, or Society at large from Premiership players accepting a pay cut?
    The likes of Tottenham or Liverpool continuing to pay players £100k a week each while we taxpayers pick up the tab for their other staff is pretty damn abhorrent really.

    Those players taking cuts could allow those clubs, and their invariably billionaire owners, to comfortably pay their own staff, and free up the resources of the state for use in the NHS etc. Though I find it hard to believe they can’t afford to continue to pay said staff regardless, Man City have announced they’re paying all their own staff costs, for example.

  10. #39
    Ultimate Slaver Keith_M's Avatar
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    Quote Originally Posted by ScottB View Post
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    The likes of Tottenham or Liverpool continuing to pay players £100k a week each while we taxpayers pick up the tab for their other staff is pretty damn abhorrent really.

    Those players taking cuts could allow those clubs, and their invariably billionaire owners, to comfortably pay their own staff, and free up the resources of the state for use in the NHS etc. Though I find it hard to believe they can’t afford to continue to pay said staff regardless, Man City have announced they’re paying all their own staff costs, for example.

    No, you've got it all wrong!

    Didn't you read the English PFA's statement that we should all be grateful that taxes on the astronomical wages of the Premier League players are helping to fund the NHS.... therefore cutting their wages would have a detrimental effect?


    Apparently, we should all be prostrating ourselves at their ($1,000 a pair) Christian Louboutin clad feet, and thank them as they graciously poor champagne over our heads and step into their Bentley/Rolls-Royce/Ferrari.

  11. #40
    Quote Originally Posted by jgl07 View Post
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    Can anyone explain to me what benefit would come to the NHS, the Government, or Society at large from Premiership players accepting a pay cut?
    To take an example, Spurs are furloughing 500 non playing staff and asking Taxpayer for £1.25m per month (£3.75m for 3 months)...

    Spurs Annual Wage Bill is about £300m. Harry Kane (himself) earns £866,000 a month!!

    Oh aye...and Owner of Spurs worth £4.3 Billion !!!

    Asking the taxpayer to contribute towards the couple of grand a month for their furloughed staff when it could easily be generated through miniscule wage cuts for players. It's an absolute disgrace.

  12. #41
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by mcohibs View Post
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    To take an example, Spurs are furloughing 500 non playing staff and asking Taxpayer for £1.25m per month (£3.75m for 3 months)...

    Spurs Annual Wage Bill is about £300m. Harry Kane (himself) earns £866,000 a month!!

    Oh aye...and Owner of Spurs worth £4.3 Billion !!!

    Asking the taxpayer to contribute towards the couple of grand a month for their furloughed staff when it could easily be generated through miniscule wage cuts for players. It's an absolute disgrace.
    Of itself, the pay cut would result in lower income for HMG.

  13. #42
    Ultimate Slaver Keith_M's Avatar
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    Quote Originally Posted by mcohibs View Post
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    To take an example, Spurs are furloughing 500 non playing staff and asking Taxpayer for £1.25m per month (£3.75m for 3 months)...

    Spurs Annual Wage Bill is about £300m. Harry Kane (himself) earns £866,000 a month!!

    Oh aye...and Owner of Spurs worth £4.3 Billion !!!

    Asking the taxpayer to contribute towards the couple of grand a month for their furloughed staff when it could easily be generated through miniscule wage cuts for players. It's an absolute disgrace.




    It's a total nonsense that clubs like that are taking government handouts.

  14. #43
    @hibs.net private member danhibees1875's Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    Of itself, the pay cut would result in lower income for HMG.
    The pay cut could match the wages of non-playing staff that would be furloughed though. Which I think is the point behind wanting players to take pay cuts.

    So if there's £3M worth of staff costs for furloughed people to be paid, HMRC would have to stump up £2.4M (80%).

    If it was paid by taking £3M off the top earners, HMRC would lose £1.3M (45% top rate of tax) in tax revenues.

    Without adding NI or any tax relief schemes into the mix which would complicate things, that would seem to me like the way that millionaires and super rich clubs/businesses could sacrifice a bit less to save HMRC from doing so.
    Mon the Hibs.

  15. #44
    Ultimate Slaver Keith_M's Avatar
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    Quote Originally Posted by CropleyWasGod View Post
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    Of itself, the pay cut would result in lower income for HMG.

    So reduce their wages and make a gift to the NHS instead?



    Or if they can afford to keep paying them ridiculously high wages, stop claiming money from the government for non-playing staff.

    Or players could volunteer to pay the non-playing staff from a fraction of their incredibly high wages.

  16. #45
    @hibs.net private member CropleyWasGod's Avatar
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    Quote Originally Posted by Keith_M View Post
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    So reduce their wages and make a gift to the NHS instead?



    Or if they can afford to keep paying them ridiculously high wages, stop claiming money from the government for non-playing staff.

    Or players could volunteer to pay the non-playing staff from a fraction of their incredibly high wages.
    ... which is one of the sensible ways to do it.

    The debate had been around "how does reducing player wages help the Government?". As I said, of itself, it doesn't.

  17. #46
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    Quote Originally Posted by Viva_Palmeiras View Post
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    IMO This is (Or should be) the massive correction that football (and looney-tunes US sports) needed. Caught with their pants down it’s time that football like other businesses (dot com bubble anyone?) get real about finances.
    What goes up must come down. For too long we thought this never applied to football, house prices or wages. We could be in for a big shock. And I don’t see why football should be immune and shame on the PFA for all of a sudden showing concern for the NHS.
    Agree this could be the big leveller that brings football back to earth. The TV companies will be struggling with people cancelling or not being able their subs. Unemployment and poverty will rise dramatically accross Europe with a big reduction in TV deals and sponsors. Footballers, most of whom don't have an alternative profession, will be forced to take big wage cuts. Those in work will be struggling to clear their back debts from the lockdown. People will generally, be more conservative about their spending.

  18. #47
    Quote Originally Posted by BBC Website
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    Culture Secretary Oliver Dowden has called for football authorities to reach an agreement on financial support during the coronavirus crisis "urgently", adding the public will take a "very dim view" of clubs furloughing low-paid workers.

    Some Premier League clubs, including leaders Liverpool, are facing criticism for furloughing non-playing staff.

    Players have been urged to do more by Health Secretary Matt Hancock and the Premier League proposed a 30% pay cut.

    But the Professional Footballers Association says that may harm the NHS while former England captain Wayne Rooney has called the power struggle a "disgrace" and says players are being treated like "scapegoats".

    Speaking to the Telegraph, Mr Dowden said "clubs, players and owners should be thinking very carefully about their next steps".

    "Leaving the public purse to pick up the cost of furloughing low paid workers, whilst players earn millions and billionaire owners go untouched is something I know the public will rightly take a very dim view of," Mr Dowden said.

    "At a time of national crisis, our national sport must play its part.

    "I expect to see the football authorities judge the mood of the country and come together with an agreement urgently."
    I find it abhorrent that footballers are continued to get paid £100k per week and more, whilst their football clubs expect the tax-payer to pay 80% of their low wage earning employees.

    Absolutely disgusted by it. Let's hope that the Government turn up the heat on these overpaid football stars.

  19. #48
    Left by mutual consent! Peevemor's Avatar
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    Quote Originally Posted by theonlywayisup View Post
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    I find it abhorrent that footballers are continued to get paid £100k per week and more, whilst their football clubs expect the tax-payer to pay 80% of their low wage earning employees.

    Absolutely disgusted by it. Let's hope that the Government turn up the heat on these overpaid football stars.
    I found it abhorrent before the current crisis, which is why I've very little interest in football apart from Hibs.

  20. #49
    @hibs.net private member Viva_Palmeiras's Avatar
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    Quote Originally Posted by Peevemor View Post
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    I found it abhorrent before the current crisis, which is why I've very little interest in football apart from Hibs.
    Yup that’s it for me. Sky lead football like the pied piper - that’s pretty much globally as they’ve done things in other countries - Brazil for example games were free ok Globo paid for through advertising. They disrupted that to the point where you need to subscribe to Sky to see the games - and if it’s a Classico - then PPV on top of that.

    But it’s up to the associations and clubs what they do with the money.
    Imo clubs have shown they need to be protected from themselves - wreckless financial mismanagement despite coining it in. Sustainability should be the foundation. And that’s where I believe the associations have been severely lacking.
    "We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
    "Romanov was like a breath of fresh air - laced with cyanide." Me.

  21. #50
    Going back to the original theme of the thread, it's possible that the clubs further down the pyramid may be better placed than some of the bigger ones. In leagues 1 and 2 players are nearly all on one year contracts and a lot of the admin work is done by volunteers. If these clubs can make it to the summer then running expenses drop to very little and what's then needed is more in the range where a wealthy fan or director can put in enough to keep things going.

    I don't envy the club finance directors who're trying to plan for the future. Sponsorship will be very difficult to find once things resume. I can see a number of full-time teams going part-time and part-time outfits switching to an amateur basis.

  22. #51
    Coaching Staff Ozyhibby's Avatar
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    Liverpool now reversed decision to furlough workers.


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  23. #52
    Quote Originally Posted by theonlywayisup View Post
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    I find it abhorrent that footballers are continued to get paid £100k per week and more, whilst their football clubs expect the tax-payer to pay 80% of their low wage earning employees.

    Absolutely disgusted by it. Let's hope that the Government turn up the heat on these overpaid football stars.
    I don’t actually hold anything against football players being paid what they are. I think it’s wrong that they’re being dug out when there are folk in other professions earning similar and more. I don’t see why football players should have the heat turned up on them. If they want to help, which many of them will want to do, they can.

    I do find football clubs at that elite level intending to use the job retention scheme, when making profits of millions, morally wrong though. Again, that doesn’t just apply to football clubs though.

  24. #53
    Quote Originally Posted by lucky View Post
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    The EPL and their players are having a PR nightmare with their attitude and behaviour on the situation around Coronavirus. Clubs furloughing non playing staff whilst paying millionaires their full salary is ridiculous. The players themselves seem oblivious to what’s going on, there’s talk of a charity donation as long as they keep getting their salaries. The clubs want a 30% cut in salaries to advance the EFL £125m, £25 to the national league and £20m to the NHS. The money to other football clubs is only an advance which means the clubs pocket £125m at a later date. I also doubt that Sky or BT will pull the plug on the EPL. They need them playing ASAP as subscriptions will be falling. If there’s no football again this season a deal will be done to reduce the new tv deal.

    But overall their bloated product is going burst in front of them but they are all too busy trying to get a much out of the trough to notice.
    Funny, I think there was a thread a few months back where a few of us were talking about hoping their bubble bursts. UEFA exactly the same, time for wholesale change.
    All greed, deserve everything that happens to them.

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